Optima bank (ATH:OPTIMA) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2023)

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What is Optima bank LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Optima bank's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.01.

Optima bank's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Jun. 2023 (0.01). It may suggest that Optima bank is progressively becoming more dependent on debt to grow their business.

Optima bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Optima bank's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Optima bank LT-Debt-to-Total-Asset Chart

Optima bank Annual Data

Trend

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.02

0.01

Optima bank Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	0.02	0.01	-	0.01	0.01

Optima bank LT-Debt-to-Total-Asset Calculation

Optima bank's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	25.294	/	2607.737
	=	0.01

Optima bank's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	24.975	/	3209.196
	=	0.01

Optima bank (ATH:OPTIMA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Optima bank LT-Debt-to-Total-Asset Related Terms

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Optima bank (ATH:OPTIMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Optima bank SA (ATH:OPTIMA) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

C59:Germany

Address

32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125

Website

https://www.optimabank.gr

Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services and Business Receivables Agency.

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